It’s hard to find a better way to start a new year than to tell people how the Wii is dead and how it will be replaced by something better.
That, in turn, will lead to more sales and higher expectations for the next generation of hardware.
And in the end, if that Wii U launch isn’t exactly spectacular, that’s OK.
For the first time in over a decade, Nintendo has announced the console it will no longer make and sell.
Its next major hardware launch is slated for March 21, and the Wii United launch will take place at the end of the month.
The reason for the move is simple: Nintendo is no longer making enough money to keep the Wii alive.
That’s according to a company spokesperson, who told us that the Wii has now lost more than half its value since the end-of-year earnings call in December, when Nintendo reported that it was “underperforming” in its revenue-generating business.
And while the company isn’t going anywhere, its future isn’t looking bright.
A lot of people don’t think Nintendo is actually going to make money off the Wii anymore, but it sure sounds like Nintendo is planning on it anyway.
Nintendo’s stock dropped in after-hours trading, but has since recovered.
We have no idea how much the company will make off of the Wii, but with that amount of money coming out of its pocket, it’s likely Nintendo will be able to keep making the console for a while longer.
And with the Wii being dead and Nintendo losing a lot of money, it looks like that console’s not going anywhere anytime soon either.
[ The American Conservatarian ]